John Olvany, Drexel Hamilton LLC

CHICAGO, IL, October 28, 2011 – Drexel Hamilton today announced the opening of its Chicago office at 30 South Wacker Drive, and that John Olvany has joined the firm as Managing Director. His role will be to lead the institutional fixed income sales and trading team for the company’s Midwest operations. An institutional broker-dealer specializing in equities and fixed income sales and trading, Drexel Hamilton is a Service-Disabled Veteran Owned Business that was founded on the principal of offering meaningful employment opportunities to disabled veterans.

“We are pleased to announce the opening of our Chicago office and that we have hired John Olvany to help lead our efforts in the region,” said Jim Cahill, president of Drexel Hamilton. “Given his impressive background within the industry, John will play a key role going forward in the continued success of Drexel Hamilton.”

Prior to joining Drexel Hamilton, Olvany served as Managing Director at Morgan Stanley and was responsible for the firm’s Chicago institutional fixed income office. While at Morgan Stanley, he was also a Senior Relationship Manager for several major investors across the Midwest. Olvany also served as Executive Director of Fixed Income Sales for Credit Suisse First Boston and worked overseas in the Tokyo office of S.G. Warburg as Vice President of its U.S. Treasury Dealer Desk.

Olvany is a graduate of Williams College and currently holds Series 7, 9, 10 and 63 licenses.

About Drexel Hamilton

Drexel Hamilton is a Service-Disabled Veteran Owned Broker-Dealer founded on the principal of offering meaningful employment opportunities to disabled veterans. The firm specializes in equities and fixed income sales and trading, offers comprehensive trading and advisory clients, and is a member of NASDAQ OMX PHLX, CBSX, FINRA, and SIPC. Drexel Hamilton has offices in New York City, Philadelphia, and Chicago.

Founder and Chairman Lawrence Doll also co-founded Wall Street Warfighters Foundation (WSWF) with General Peter Pace, former Chairman of the Joint Chiefs of Staff. WSWF is a non-profit organization which facilitates a unique training program through which disabled veterans are trained, licensed and employed in Wall Street firms.